Evonik Supports Gibbons Community By Donation to Redwater Library  

Grant From Global Innovation Leader Marks Company's New Corporate Identity  

GIBBONS, AB, Canada, December 4, 2007 –- Evonik Degussa Canada, Inc. today presented Redwater Library with a $500 community grant to support the Library’s outreach programs.

Richard Boettcher, Evonik site manager, said the company made the donation to introduce its new identity as well as continue its commitment to the communities where employees live and work.  

"We're proud of what we do here in Gibbons and we are proud of our industry," Boettcher said. "Chemistry is a cornerstone of our society. Without it, many of the products, conveniences and medicines to which we've become accustomed would not exist. Our employees also want to help, in our own small way, better the lives of individuals in our hometowns."  

Judy Dewald, Director of Library Services at Redwater Library, said she was impressed by Evonik Degussa Canada's donation because Site Manager Richard Boettcher requested that the company's gift benefit all five libraries in Sturgeon County - Redwater, Bon Accord, Morinville, Edmonton Garrison and Gibbons, where the plant is located.  

"We are very pleased that a company like Evonik Degussa Canada sought to ask a local organization to think of a way to spend the money to benefit all the local libraries," said Dewald. "We decided to purchase a 'Daisy Reader' for individuals who are visually or physically challenged. The Daisy Reader will enable them to listen to CD/Daisy Reader audio books. It's a wonderful addition to Sturgeon Area Libraries and a much appreciated donation by Evonik Degussa Canada."  

Bettcher added that the $500 grant is Evonik’s way of celebrating with its neighbors but is also a continuation of the company’s charitable activities.  

“We think it’s important to be an integral part of the community,” he continued.  “Evonik and its employers have a tremendous sense of corporate responsibility.  Our employees are known well for their efforts in contributions, time and donations.”

Company information

Evonik Industries AG is the creative industrial group which operates in three highly profitable, promising business areas: Chemicals, Energy and Real Estate. Evonik is a global leader in specialty chemicals, an expert in power generation from hard coal and renewable energies, and one of the largest private residential real estate companies in Germany. Our strengths are creativity, specialization, continuous self-renewal, and reliability.  

Evonik Industries is active in over 100 countries around the world. In fiscal 2006 around 43,000 employees generated sales of €14.8 billion and operating profit (EBIT) of over €1.2 billion. Evonik plans to enter the capital market in the first half of 2008.  

Disclaimer

In so far as forecasts or expectations are expressed in this press release and where our forward-looking statements concern the future, these forecasts, expectations and statements may involve known or unknown risks and uncertainties. Actual results or developments may vary, depending on changes in the operating environment. Evonik Industries AG assumes no obligation to update the forecasts, expectations or statements contained in this release.  

For more information, contact:

Mike Sheridan

Evonik Degussa Corporation

Tel: 973-541-8812

e-mail: mike.sheridan@degussa.com